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Technological Innovation in Chile: Where we are and what can be Done

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  • José Miguel Benavente H.

Abstract

The aim of this paper is to characterize and assess the current Chilean scientific and technological status from an economic perspective. The analysis reveals that, given the country’s present level of economic development, major weaknesses exist in the National System of Innovation. In particular, Chile devotes very scarce resources to R&D as a proportion of GDP, the participation of professionals and scientific workforce in research activities is poor, and private involvement in conducting or financing these activities is negligible. This latter aspect is of special interest, considering that the international evidence shows that in countries that have attained significant development advances, the private sector is actively involved in scientific and technological activities. The paper discusses some economic mechanisms that promote such involvement.

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Bibliographic Info

Article provided by Central Bank of Chile in its journal Economía Chilena.

Volume (Year): 8 (2005)
Issue (Month): 1 (April)
Pages: 53-77

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Handle: RePEc:chb:bcchec:v:8:y:2005:i:1:p:53-77

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  1. Aghion, P. & Howitt, P., 1989. "A Model Of Growth Through Creative Destruction," UWO Department of Economics Working Papers, University of Western Ontario, Department of Economics 8904, University of Western Ontario, Department of Economics.
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  9. Jose Miguel Benavente & Gustavo Crespi, 2003. "The Impact of an Associative Strategy (the PROFO Program) on Small and Medium Enterprises in Chile," SPRU Working Paper Series 88, SPRU - Science and Technology Policy Research, University of Sussex.
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  14. José Miguel Benavente, 2006. "Antecedentes para el Diseño de una Política Tecnológica Nacional," Working Papers, University of Chile, Department of Economics wp229, University of Chile, Department of Economics.
  15. Scott J. Wallsten, 2000. "The Effects of Government-Industry R&D Programs on Private R&D: The Case of the Small Business Innovation Research Program," RAND Journal of Economics, The RAND Corporation, vol. 31(1), pages 82-100, Spring.
  16. M. Ishaq Nadiri, 1980. "Sectoral Productivity Slowdown," NBER Working Papers 0423, National Bureau of Economic Research, Inc.
  17. Richard R. Nelson, 1959. "The Simple Economics of Basic Scientific Research," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 67, pages 297.
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  20. Peter Klenow & Andrés Rodríguez-Clare, 1997. "The Neoclassical Revival in Growth Economics: Has It Gone Too Far?," NBER Chapters, in: NBER Macroeconomics Annual 1997, Volume 12, pages 73-114 National Bureau of Economic Research, Inc.
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Cited by:
  1. World Bank, 2007. "Chile : Investment Climate Assessment, Volume 2. Background Chapters," World Bank Other Operational Studies 7716, The World Bank.

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